Beaver County, Oklahoma Property Taxes

Name: Property Tax Bills Across Beaver County, Oklahoma
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Beaver County effective property tax rate: 0.78%, significantly lower than the national median of 1.02%.
Median Beaver County home value: $81,838
Median annual Beaver County tax bill: $600, $1,800 lower than the national median property tax bill of $2,400.

How are property taxes in Beaver County calculated?

Property taxes in Beaver County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Beaver or another part of Beaver County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Beaver County, Oklahoma Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$638

$592

Ownwell’s Beaver County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Beaver County with just two data points. By entering your property's estimated assessed value, our calculator applies Beaver County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Beaver County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Beaver County, Oklahoma

Local government entities are responsible for setting tax rates, which can differ significantly within a state. Annually, each county calculates its required budget to provide essential services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the core process followed each year.

In Beaver County, Oklahoma, the effective property tax rate is a point of interest for property owners. The county's median tax rate stands at 0.78%, which is below the national median property tax rate of 1.02%. This suggests that Beaver County residents generally pay less in property taxes compared to the national average. However, within the county, the highest median tax rate is found in the city of Beaver at 0.79%, while the lowest is in Forgan at 0.69%. This variation within the county highlights the importance of understanding local tax rates, as they can significantly impact property tax bills. By comparing Beaver County's tax rates to the national median, property owners can better assess their tax obligations.

Property Tax Rates Across Beaver County, Oklahoma

Source: Ownwell

0.69%

0.74%

0.79%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Beaver County Tax Rate

0.78%

Median Effective Oklahoma Tax Rate

0.97%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Beaver County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Balko	0.53%	0.67%	0.77%	0.84%	0.84%
Beaver	0.50%	0.65%	0.79%	0.89%	0.96%
Forgan	0.41%	0.53%	0.69%	0.82%	0.82%
Gage	N/A	N/A	N/A	N/A	N/A
Gate	0.40%	0.52%	0.70%	0.82%	0.86%
Laverne	0.53%	0.67%	0.79%	0.84%	0.86%
Turpin	0.50%	0.63%	0.78%	0.86%	0.88%

Source: Ownwell

Property Tax Assessment Values Across Beaver County, Oklahoma

When examining property taxes in Beaver County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Beaver County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Beaver County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Beaver County.

For example, the median tax bill in Beaver County is $729, with tax bills ranging significantly across the county. Turpin has the highest median home price at $100,801.

Property Tax Assessment Values Across Beaver County, Oklahoma

Source: Ownwell

$59,849

$80,325

$100,801

Median Beaver County Market Value

$81,838

Median Oklahoma Market Value

$137,280

Median United States Market Value

$235,294

Property Tax Assessment Values Across Beaver County, Oklahoma

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Balko	$46,901	$64,444	$88,698	$139,004	$193,335
Beaver	$29,314	$48,391	$79,414	$120,971	$173,452
Forgan	$21,000	$34,544	$65,000	$103,144	$167,751
Gage	N/A	N/A	N/A	N/A	N/A
Gate	$20,607	$30,640	$59,849	$101,102	$181,202
Laverne	$42,044	$62,745	$93,117	$137,538	$194,353
Turpin	$29,601	$49,321	$100,801	$160,000	$233,861

Source: Ownwell

Property Tax Bills Across Beaver County, Oklahoma

In Beaver County, OK, property tax bills are calculated based on the assessed value of a property, which is derived from a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property type, exemptions, and local budget requirements can influence the tax rate and, consequently, the tax bill. Homeowners in Beaver County experience a range of property tax bills, with the 25th percentile at $336 and the 75th percentile reaching $1,007. The 90th percentile tax bill climbs to $1,532, indicating variability based on property value and location. The median tax bill in the city of Turpin is the highest at $729, while Gate records the lowest median at $348. Compared to the national median property tax bill of $2,400, Beaver County homeowners generally pay less. This lower tax burden can make homeownership more affordable, although it also reflects the county's relatively lower median home price of $81,838.

Property Tax Bills Across Beaver County, Oklahoma

Source: Ownwell

$348

$539

$729

Median Beaver County Tax Bill

$600

Median Oklahoma Tax Bill

$1,269

Median United States Tax Bill

$2,400

Property Tax Bills Across Beaver County, Oklahoma

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Balko	$337	$466	$652	$1,010	$1,457
Beaver	$200	$342	$581	$940	$1,425
Forgan	$123	$210	$406	$711	$1,120
Gage	N/A	N/A	N/A	N/A	N/A
Gate	$109	$181	$348	$768	$1,244
Laverne	$265	$429	$706	$1,042	$1,559
Turpin	$186	$350	$729	$1,209	$1,861

Source: Ownwell